SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Hits New 12-Month Low – Should You Sell?

Shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) hit a new 52-week low on Thursday . The stock traded as low as $25.07 and last traded at $25.09, with a volume of 40945 shares trading hands. The stock had previously closed at $25.16.

SPDR Portfolio Aggregate Bond ETF Trading Down 0.2%

The stock’s fifty day moving average is $25.39 and its two-hundred day moving average is $25.62.

Institutional Trading of SPDR Portfolio Aggregate Bond ETF

Several large investors have recently modified their holdings of SPAB. Leading Edge Financial Planning LLC raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 10.3% during the 4th quarter. Leading Edge Financial Planning LLC now owns 1,005,213 shares of the company’s stock worth $25,884,000 after purchasing an additional 94,276 shares during the period. Aspire Private Capital LLC increased its position in SPDR Portfolio Aggregate Bond ETF by 12.8% in the fourth quarter. Aspire Private Capital LLC now owns 769,496 shares of the company’s stock worth $19,815,000 after buying an additional 87,344 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in SPDR Portfolio Aggregate Bond ETF by 90.6% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 196,147 shares of the company’s stock valued at $5,051,000 after buying an additional 93,213 shares during the last quarter. Raleigh Capital Management Inc. grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 141.2% during the fourth quarter. Raleigh Capital Management Inc. now owns 69,923 shares of the company’s stock worth $1,801,000 after acquiring an additional 40,936 shares during the last quarter. Finally, Stratos Investment Management LLC boosted its stake in SPDR Portfolio Aggregate Bond ETF by 5.2% during the 4th quarter. Stratos Investment Management LLC now owns 2,154,828 shares of the company’s stock valued at $55,487,000 after purchasing an additional 106,668 shares during the period.

About SPDR Portfolio Aggregate Bond ETF

The SPDR Portfolio Aggregate Bond ETF (SPAB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks a market value-weighted index of the aggregate USD-denominated investment-grade bond market with at least one year to maturity. SPAB was launched on May 23, 2007 and is managed by State Street.